Splitkaro keeps all your money in one place: your own spending, your couple and family money, your business, and anything split with friends, on a free tier with unlimited expenses. Monarch does a narrower job for a monthly fee: one dashboard over every account, a budget, and a partner looking at the same numbers.
Splitkaro if you want personal, couple, business and group money in one app, with bills split item by item, a chat in every group, and a free tier that does not run out. Monarch for the separate job of one paid dashboard over every account, with budgets, goals and net worth. Plenty of people run both.
| Feature | Splitkaro | Monarch |
|---|---|---|
| Personal expense tracking | ||
| Link bank, loan and investment accounts | Beta, via Plaid | |
| Auto-import transactions from bank SMS | If your bank sends text alerts; Android, and iPhone via Shortcuts | |
| Share the picture with a partner | ||
| Split one expense between people | ||
| Group expense tracking with balances | ||
| Chat-based groups (like WhatsApp) | ||
| Item-wise bill splitting: choose who ate what | ||
| Smart reminders to settle up | ||
| Receipt scanning | 3 a month free, then Premium | |
| Budgets | ||
| Savings goals | ||
| Detects recurring subscriptions | ||
| Web app | Shared links, view only | |
| Free tier | 7-day free trial |
monarch.com — checked September 2026
Splitkaro is the better app for keeping all your money in one place: your own spending, your couple and family money, your business, and anything split with friends, none of which Monarch does. It is not a replacement for budgets, savings goals or net worth, which is the separate job Monarch is built for. Plenty of people run both.
It lets a partner see the same accounts and budgets, which is collaboration on one shared picture. It does not split an individual bill between several people, track who owes whom, or chase a settlement.
Splitkaro has a free tier with unlimited expenses and free overall analytics, and premium is optional. Monarch has no free tier at all: it is a paid subscription with a 7-day free trial.
Budgets, savings goals and net worth across every linked account, and a full web app — Splitkaro opens a shared expense link in a browser, but it is view only, so there is no web app for running your groups. Monarch also includes a partner at no extra cost, though they see one household picture rather than separate groups.
Plenty of people would be well served doing exactly that: Splitkaro for anything split with housemates or friends and for every other kind of money, Monarch for the household budgeting picture.
Your own spending, your couple and business money, and anything you split. Free on Android and iOS.